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Fly News Breaks for November 12, 2019
FTNT
Nov 12, 2019 | 05:05 EDT
Goldman Sachs analyst Brian Essex initiated coverage of Fortinet with a Buy rating and $113 price target. The analyst started the Security Software sector with an attractive view, believing IT Security offers "attractive levels of exposure to growth technology," and that profitable companies with this exposure could outperform the market. He views Fortinet as a market leader in network security and expects better than anticipated growth ahead.
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